MGB Berhad Balance Sheet Health
Financial Health criteria checks 5/6
MGB Berhad has a total shareholder equity of MYR564.9M and total debt of MYR130.6M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are MYR1.1B and MYR571.3M respectively. MGB Berhad's EBIT is MYR76.2M making its interest coverage ratio 11.9. It has cash and short-term investments of MYR58.3M.
Key information
23.1%
Debt to equity ratio
RM130.63m
Debt
| Interest coverage ratio | 11.9x |
| Cash | RM58.28m |
| Equity | RM564.92m |
| Total liabilities | RM571.30m |
| Total assets | RM1.14b |
Recent financial health updates
MGB Berhad (KLSE:MGB) Has A Pretty Healthy Balance Sheet
May 21
MGB Berhad (KLSE:MGB) Has A Rock Solid Balance Sheet
Feb 09Here's Why MGB Berhad (KLSE:MGB) Has A Meaningful Debt Burden
Feb 14
Recent updates
MGB Berhad (KLSE:MGB) Has A Pretty Healthy Balance Sheet
May 21MGB Berhad (KLSE:MGB) Shareholders Will Want The ROCE Trajectory To Continue
Mar 12MGB Berhad (KLSE:MGB) Soars 26% But It's A Story Of Risk Vs Reward
Feb 13MGB Berhad (KLSE:MGB) Has A Rock Solid Balance Sheet
Feb 09MGB Berhad (KLSE:MGB) Has Some Difficulty Using Its Capital Effectively
Mar 28Returns At MGB Berhad (KLSE:MGB) Are On The Way Up
Nov 02Things Look Grim For MGB Berhad (KLSE:MGB) After Today's Downgrade
Aug 21MGB Berhad (KLSE:MGB) Analysts Are More Bearish Than They Used To Be
May 19MGB Berhad (KLSE:MGB) Shareholders Will Want The ROCE Trajectory To Continue
Apr 28It Looks Like MGB Berhad's (KLSE:MGB) CEO May Expect Their Salary To Be Put Under The Microscope
Jun 09Capital Allocation Trends At MGB Berhad (KLSE:MGB) Aren't Ideal
Apr 05Did Business Growth Power MGB Berhad's (KLSE:MGB) Share Price Gain of 119%?
Mar 15Here's Why MGB Berhad (KLSE:MGB) Has A Meaningful Debt Burden
Feb 14Do Its Financials Have Any Role To Play In Driving MGB Berhad's (KLSE:MGB) Stock Up Recently?
Jan 24The Returns At MGB Berhad (KLSE:MGB) Provide Us With Signs Of What's To Come
Jan 02A Look At MGB Berhad's (KLSE:MGB) Share Price Returns
Dec 07Financial Position Analysis
Short Term Liabilities: MGB's short term assets (MYR705.1M) exceed its short term liabilities (MYR513.5M).
Long Term Liabilities: MGB's short term assets (MYR705.1M) exceed its long term liabilities (MYR57.8M).
Debt to Equity History and Analysis
Debt Level: MGB's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: MGB's debt to equity ratio has reduced from 46.2% to 23.1% over the past 5 years.
Debt Coverage: MGB's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: MGB's interest payments on its debt are well covered by EBIT (11.9x coverage).